facebook
Traded Co logo
Submit

Joseph DeNardo Sells Development Site In Irvington For $8.5M With Greg Corbin - Rosewood Realty Group

Property Image
SOLD
$8,500,000

New York

See Similar Deals
Development Site61,300 SF
Sold 11/18/2021
the dealplayerscompscontact
Property Image
SOLD

Joseph DeNardo Sells Development Site In Irvington For $8.5M With Greg Corbin - Rosewood Realty Group

30 Marker Ridge, Irvington, NY 10533

See Similar Deals
Development Site61,300 SF
Sold 11/18/2021
Contact now

Summary

NEW YORK
Asset Type:Development Site
Price Per Square Foot:$138
Total Square Footage:61,300 SF
Transaction Type:Sale

A development site located at 30 Marker Ridge in Irvington has been sold for a total of $8,500,000. The property spans a total of 61,300 square feet with a price per buildable square foot (PPBSF) of $138. The sale of this development site was facilitated by Greg Corbin from Rosewood Realty Group, representing the seller, Joseph DeNardo.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $8,500,000
  • Address: 30 Marker Ridge, Irvington
  • Market: Irvington

The sale of this development site was successfully negotiated by Greg Corbin from Rosewood Realty Group. Corbin acted on behalf of the seller, Joseph DeNardo, to finalize the deal. The transaction highlights the strong demand for development sites in Irvington's market.

Players

Greg Corbin
83 deals$1.1B volume(212) 419-8101
BROKER

Rosewood Realty Group
BROKERAGE

Details

SOLD
IMAGE: Greg Corbin DATE: 11/18/2021 ADDRESS: 30 Marker Ridge MARKET: Irvington ASSET TYPE: Development Site SELLER: Joseph DeNardo BROKER: Greg Corbin (@TheCorbinGroup) - Rosewood Realty Group (@RosewoodRG) SALE PRICE: $8,500,000 BSF: 61,300 ~ PPBSF: $138

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$453,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$30,198.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$40,294.34
Annual Debt Service$483,532.04